TACOMA, Wash. (KIRO) - A musician and record producer from Vancouver, Wash., pleaded guilty Wednesday to wire fraud in connection with schemes to lure investors in non-existent music projects.

Kasey Anderson, 33, admitted in a plea agreement that he defrauded investors who believed they were investing in legitimate albums and concerts, according to U.S. Attorney Jenny A. Durkan.

The projects included a compilation album and concert series featuring artists such as Bruce Springsteen, Pearl Jam and R.E.M.

When Anderson solicited funds for the album, he claimed that a portion of its proceeds would support the legal defense fund for the West Memphis Three (WM3), three men convicted of murder in Arkansas in 1994. The men garnered significant attention and support from people who believed in their innocence.

Anderson told the investors that he had agreements signed by various music stars and a family member of one of the West Memphis Three. However, no such agreements existed.

To read about the fake email accounts created, forged documents, how much money was raised, and Anderson's penalties, visit KIRO's website: http://on.kthv.com/1avtJrJ .